Walmart Provides Cryptoback Through StormX Customer Loyalty Platform

StormX, a blockchain-based reward platform, has enjoyed significant success partnering with retail giant Walmart. Earlier the loyalty platform StormX has dealt with Microsoft, Nike, Adidas, eBay, Target, Dell and Samsung, and now it is taking one step further, providing 4% Cryptoback on all customer purchases made at Walmart. Customers can also get 14% Cryptoback if they have reached the superuser level in the StormX app.

With Walmart's vast customer base, the startup is becoming the only crypto reward service currently supported by a multinational corporation. As a reminder, Walmart serves over 265 mln customers every week, with purchases made in approximately 11,500 physical stores in 27 countries, as well as online. Despite the COVID-19 pandemic, the company achieved revenues of $524 bln in 2020.

Thus, in a relatively short period, StormX has made a significant contribution to the widespread adoption of cryptocurrency. StormX has reached 2.5 mln downloads to date, a number likely to grow as news of Walmart integration spreads.

Image: Britannica